b'The CompassJune 2020news & tips from DFGOptimism for Re-OpeningThe Week on Wal Street tonewsofChinasvotetoTHISWEEK: Key Economic DataloverrideHongKongs The shortened week, which beganautonomy.CommentsbyMonday:PurchasingManagers with a powerful two-day rally ofPresidentTrumponthelastManufacturingIndex(PMI). trading, was enough to drive thedayoftradingeasedInstituteforSupplyManagement markets into another week of solidconcerns.(ISM)ManufacturingIndex.gains.RotationinLeadership Wednesday:AutomatedData The Dow Jones Industrial AverageProcessing(ADP)Employment rose 3.75%, while the Standard &TherecoveryfromtheReport.PMIServicesIndex.ISM Poors 500 advanced 3.01%. TheMarchlowshasbeenNon-ManufacturingIndex.Nasdaq Composite Index climbedpoweredbylarge-capgrowth 1.77% for the week. The MSCIstocks,especiallythemega- Thursday: Jobless Claims.EAFE Index, which trackscaptechnologynames. developed stock markets overseas,However,thisweeksawnewFriday: Employment Situation Report.gained 6.18%. sectorsleadingthemarket higher,notablythefinancialsTHISWEEK:COMPANIES Rising Optimisim andindustrials,whiletheREPORTINGEARNINGStechnologyandhealthcare Returning from Memorial Daysectorslagged. Tuesday:DicksSportingGoods weekend, stocks surged on rising(DKS),Tiffany(TIF),Zoom optimism over economic re- ThisleadershiprotationisVideo(ZM),Crowdstrike(CRWD)opening, declines in newbeingreferredtobysome infections, and progress in themarketcommentatorsastheWednesday:Cloudera(CLDR), development of a vaccine. re-openingtrade.IftheseCampbellSoup(CPB)sectorsaretoremain Stocks continued their marchleaders,itmayhingeonaThursday:Broadcom(AVGO), higher, lifted by signs that thesteadyeconomicrecoveryandDocusign(DOCU),Slack White House and Congress may beescapingasecondwaveofTechnologies(WORK)working together to put togetherCOVID-19infections.another stimulus package. But the momentum lost steam, in part due Meet our Financial ProfessionalsWe are delighted to begin sending out this montly newsletter to you.CLICK HERE to learn more about Nick Homerdfgprivateclient.com'